OzAsia is pleased to announce the release of a new Compliance Module

Investment management firms like yours are faced with increasingly complex trading compliance and portfolio monitoring requirements today. This comprehensive and tightly integrated module is thus the solution to help you tackle these requirements.

 

Portfolio managers usually check investment restrictions manually when placing an order. Because of the complexities involved with every order, this conventional way of checking subjects them to unnecessary risk.

The Compliance Module enables the users to add, modify, maintain rules and immediately apply new regulations. It gives clients the power to eliminate compliance uncertainties, with features including

• Shares holding limit as a percentage of total issued shares- When a stock is to be purchased, user will be alerted if total number of shares held after the purchase is going to exceed this pre-defined percentage.

• Ability to specify the type of stock that can be invested by various categories such as industry sector, company or specific fund/ portfolio e.g. Syraiah or Non-syariah (Islamic compliance).

• Comply to recommendations made by research analysts

i. Recommendation Type e.g. Buy, Sell, Hold, Buy on weakness
ii. Stock classification e.g. Core, Thematic, Trading
iii. Stock Universe classification- Specify list of stocks recommended as investable
iv. Email alert for any orders breached by fund managers/dealers

• Setting of daily trading limit for each fund manager/dealer.

The Compliance Module provides your firm with comprehensive checks and controls. Adopting this module shows your commitment in ensuring a process free of errors made from manual checks. This enhances your reputation and your ability to attract and retain clients.